318, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in May 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Balqis Residence 3
What is 318 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 May 2012.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,599 sqft
- Floor
- 3rd of 11
- Parking
- B-415
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 28,500 /yr
- Last sold
- AED 2.8M · May 2012
- Building
- Balqis Residence 3
About 318, Balqis Residence 3
318 is a two-bedroom hotel apartment of 1,599 sqft on the 3rd floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 3 May 2012 for AED 2,802,500, or AED 1,753 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 318 over time
318 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Balqis Residence 3, and where 318 sits
All 27 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 May 202526 May 2025 | 1,958 sqft | 4,100,000 | 2,094 | ||
| 1 Jun 20231 June 2023 | 1,877 sqft | 4,100,000 | 2,184 | ||
| 27 Mar 202327 March 2023 | 1,962 sqft | 4,000,000 | 2,038 | ||
| 20 Mar 202320 March 2023 | 1,909 sqft | 3,450,000 | 1,807 |
Balqis Residence 3
Building144 apartments, studios to 9-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,667
- Typical sale
- AED 2.1M
- Typical rent
- AED 320K /yr
- Typical yield
- 8.6%
Other units on the 3rd floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 677 sqft | AED 1.23MAED 1,228,956 · Dec 2022December 2022 | ||
| 302 | 3-bed | 1,462 sqft | AED 2.76MAED 2,760,775 · Dec 2022December 2022 | ||
| 303 | 2-bed | 1,454 sqft | AED 2.71MAED 2,708,256 · Dec 2022December 2022 | ||
| 304 | Studio | 801 sqft | AED 1.41MAED 1,411,024 · Jan 2023January 2023 | ||
| 305 | 1-bed | 1,450 sqft | AED 2.59MAED 2,590,962 · Dec 2022December 2022 | ||
| 306 | Studio | 795 sqft | AED 1.48MAED 1,482,801 · Dec 2022December 2022 | ||
| 307 | 3-bed | 1,862 sqft | AED 3.4MAED 3,398,948 · Dec 2022December 2022 | ||
| 308 | 1-bed | 1,351 sqft | AED 2.45MAED 2,447,679 · Dec 2022December 2022 | ||
| 309 | Studio | 663 sqft | AED 1.19MAED 1,187,296 · Dec 2022December 2022 | ||
| 310 | Studio | 703 sqft | AED 1.28MAED 1,278,467 · Dec 2022December 2022 | ||
| 311 | 3-bed | 1,807 sqft | AED 3.29MAED 3,286,680 · Dec 2022December 2022 | ||
| 312 | 3-bed | 1,628 sqft | AED 3.05MAED 3,047,882 · Dec 2022December 2022 | ||
| 313 | Studio | 795 sqft | AED 1.42MAED 1,418,049 · Dec 2022December 2022 | ||
| 314 | 1-bed | 1,125 sqft | AED 2.02MAED 2,022,529 · Dec 2022December 2022 | ||
| 315 | 1-bed | 1,031 sqft | AED 1.85MAED 1,846,968 · Dec 2022December 2022 | ||
| 316 | Studio | 682 sqft | AED 1.21MAED 1,210,089 · Dec 2022December 2022 | ||
| 317 | Studio | 797 sqft | AED 1.43MAED 1,432,177 · Dec 2022December 2022 |
318, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 3 May 2012 for AED 2,802,500, or AED 1,753 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 3 May 2012.
Questions about 318, Balqis Residence 3
What did unit 318 last sell for?
AED 2,802,500 on 3 May 2012, sold by the developer: AED 1,753 per sqft for 1,599 sqft. It is the only registered sale of the unit.
How big is unit 318?
1,599 sqft (148.6 sqm): a two-bedroom hotel apartment on the 3rd floor of a 11-storey tower completed in 2019.
What is unit 318 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 318, Balqis Residence 3
Starts from the last sale price (AED 2.8M, 3 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,802,500
- Deposit, UAE resident (20%)
- AED 560,500
- Deposit, non-resident (40%)
- AED 1,121,000
- Monthly over 25 years at 3.7%
- AED 11,466
Plus AED 122,715 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →